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Northern England Residential Development Market October 2013

The housing markets in Northern England have already benefitted
from a Government induced boost. Transactions and house prices are up
but the effects are likely to be medium-term too. Developers are already
repositioning themselves to reap greatest reward.

But exactly how much of an impact these Government initiatives can
impart in some parts of Northern England, given restrictive influences such
as affordability, unemployment and wage growth, remains to be seen.
Key and vibrant city centres such as Manchester and Leeds, however,
will undoubtedly be significant outperformers.​

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